Evaluate the Positive and Negative Effects of Globalization in China

Globalization, which is the process of enabling financial and investment markets to be operated widely and internationally, usually refers to the increasing global relationships of culture, people, and economic activities (Simon. J, 2002). It is generally used to represent economic globalization including the global distribution of the production of goods and services, through reduction of barriers to international trade such as export fees, and import quotas. “Globalization has become one of the most talked about debates of the past 10 years and as been the subject of numerous books and videos and the cause of many global demonstrations in most of the major cities all over the world” (Simon. J, 2002). This essay will first describe the background and situation of China with the effect of globalization. Then it will evaluate the positive and negative effects of globalization in China. Finally, there will be a conclusion about the globalization in China.

China has shocked the world over the last two decades with a rapid growth and globalization has played an key role during the period. Dauderstadt M， (2005) commented that China had become the world’s economic power-house but still needed years to become the world’s largest economy even though it already ranked second after the USA by being measured in purchasing power parity(PPP). However, before reform, China was a world’s well-known opponent of globalization. At that time, it opposed both global economic and political orders. Furthermore, it refused to cooperate with the major global institutions such as the IMF and the World Bank. Till 1966 when the Cultural Revolution happened, China started setting foot on the way to globalization. After carrying out the policy of reformation and opening under the guidance of Deng Xiaoping, China realised the necessity of globalization. Globalization has made a significant positive effect on China’s...

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What happened to the middle-class? Unemployment is at an all time high since the Great Depression of the 1930’s. What we are experiencing now has been referred to as the Great Recession of 2007-2010. I beg to differ and believe we are indeed in a second Great Depression. I’m sure many will agree.
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Central Idea
The NBA affects China and brings some both positive and negative influence to China.
Preview
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Body Outline
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...Table of content:
Globalization
Impact of the globalizationPositiveeffects of the globalization
• Increased Competition
• Employment
• Investment and Capital Flows
• Foreign Trade
• Spread of Technical Know-How
• Spread of Culture
• Spread of Education
• Legal and Ethical EffectsNegative impact of the globalization
• Employment issues
• Safety and security concerns
• Environmental issues
• Other negativeeffects
What is the influence of the globalization process in India
Globalizationeffect to the Indian women
What are the main players in the process of Globalizations
• Transnational Corporations
• Investors
• World Trade Organization
• World Bank and IMF
• U.S. Treasury Department
• NGO’s
Abstract:
The purpose of this paper is to introduce, discuss, and analyze the topic of Globalization. Specifically it will discuss the positive and negativeeffects of the Globalizations, and how it reflected to the Indian market. In addition, it will provide information of the main players in the globalization process and which organizations played the most important rule...